Categories AlphaGraphs, Earnings, Technology

Infographic: Highlights of Snap’s Q1 2022 earnings report

Multimedia messaging platform Snap, Inc. (NYSE: SNAP) reported a net loss for the first quarter of 2022 when the company’s revenues grew in double digits but fell short of Wall Street’s expectations.

Snap Q1 2022 earnings infographic

First-quarter net loss, on an adjusted basis, was $0.02 per share, compared to breakeven in the same period of 2021. Analysts had predicted profit for the most recent quarter.

On an unadjusted basis, the company reported a net loss of $359.6 million or $0.22 per share, compared to a loss of $286.9 million or $0.19 per share in the first quarter of last year. Meanwhile, revenues increased 38% annually to $1.06 billion, which slightly missed analysts’ forecast.

Check this space to read management/analysts’ comments on Snap’s Q1 2022 earnings

“We remain focused on providing value for our growing community, delivering ROI for our advertising partners, and investing against our enormous opportunity in augmented reality. We’re excited to share many new products and services at our annual Snap Partner Summit next week,” said Evan Spiegel, CEO of Snap.

Prior Performance


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Viewing Highlight